Second Century Ventures logo

Second Century Ventures

North America, Illinois, United States, Chicago

Description

Second Century Ventures (SCV) is the strategic venture arm of the National Association of REALTORS® (NAR), the largest trade association in the United States. Established to foster innovation within the real estate industry, SCV primarily invests in technology companies that aim to enhance the real estate transaction, improve agent productivity, or provide new solutions for property owners and consumers. Based in Chicago, SCV leverages NAR's vast network and industry expertise to provide portfolio companies with unparalleled access to market insights, mentorship, and distribution channels.

A cornerstone of SCV's investment strategy is the REach® accelerator program. Launched in 2013, REach is a unique program designed to help technology companies scale their solutions specifically for the real estate market. Each year, a select cohort of companies receives a convertible note investment, typically around $100,000, along with intensive mentorship, strategic guidance, and direct access to NAR's extensive member base and industry leaders. This program has successfully graduated over 200 companies to date, many of which have gone on to raise significant follow-on funding and achieve substantial market penetration.

Beyond the REach accelerator, Second Century Ventures also engages in direct investments, targeting more mature companies that align with NAR's strategic objectives. These investments often focus on areas such as artificial intelligence, data analytics, blockchain, and sustainable building technologies, all aimed at shaping the future of real estate. SCV's unique position as an industry-backed venture fund allows it to not only provide capital but also to act as a powerful catalyst for adoption and growth within the real estate ecosystem. Their investments are not just financial; they represent a strategic commitment to driving innovation that benefits real estate professionals and consumers alike.

Investor Profile

Second Century Ventures has backed more than 213 startups, with 3 new investments in the last 12 months alone. The firm has led 55 rounds, about 26% of its total and boasts 25 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series Unknown, Series A rounds (top funding stages).
  • Majority of deals are located in United States, Australia, Canada.
  • Strong thematic focus on Real Estate, Software, SaaS.
  • Led 1 rounds in the past year.
  • Typical check size: $100K – $1M.

Stage Focus

  • Seed (34%)
  • Series Unknown (26%)
  • Series A (10%)
  • Convertible Note (7%)
  • Undisclosed (7%)
  • Series B (5%)
  • Debt Financing (5%)
  • Pre Seed (3%)
  • Non Equity Assistance (2%)

Country Focus

  • United States (77%)
  • Australia (7%)
  • Canada (6%)
  • United Kingdom (3%)
  • Ireland (1%)
  • Estonia (1%)
  • France (1%)
  • Singapore (1%)

Industry Focus

  • Real Estate
  • Software
  • Saas
  • Fintech
  • Financial Services
  • Information Technology
  • Property Management
  • Proptech
  • Commercial Real Estate
  • Real Estate Investment
circle-line
FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Second Century Ventures frequently co-invest with?

Palm Drive Capital
North America, New York, United States, New York
Co-Investments: 2
IDEA Fund Partners
North America, North Carolina, United States, Chapel Hill
Co-Investments: 2
Shadow Ventures
North America, Georgia, United States, Atlanta
Co-Investments: 2
Morpheus Ventures
North America, California, United States, Los Angeles
Co-Investments: 2
Camber Creek
North America, Maryland, United States, Rockville
Co-Investments: 4
Marbruck
Oceania, New South Wales, Australia, Darlinghurst
Co-Investments: 2
Brick & Mortar Ventures
North America, California, United States, San Francisco
Co-Investments: 3
REACH
North America, Illinois, United States, Chicago
Co-Investments: 4
Comcast Ventures
North America, California, United States, San Francisco
Co-Investments: 3
National Association of REALTORS
North America, Illinois, United States, Chicago
Co-Investments: 3

Which angels does Second Century Ventures often collaborate with?

Shared Deals: 1
IS
North America, Illinois, United States, Chicago
Shared Deals: 1
CH
North America, California, United States, San Francisco
Shared Deals: 1
CS
North America, Texas, United States, Austin
Shared Deals: 1
Shared Deals: 1
MA
North America, Texas, United States, Austin
Shared Deals: 2
TV
North America, California, United States, San Francisco
Shared Deals: 1
Shared Deals: 1
CO
North America, California, United States, San Francisco
Shared Deals: 1
CD
North America, Tennessee, United States, Nashville
Shared Deals: 1

What are some of recent deals done by Second Century Ventures?

Just Move In

Bournemouth, Bournemouth, United Kingdom

Just Move In is the Home Setup platform that provide a range of products and services to make moving home easier.

Information TechnologyManagement Information SystemsProperty ManagementReal Estate
Series AFeb 27, 2025
Amount Raised: $8,000,000
Koggi

Bogotá, Distrito Especial, Colombia

koggi is a platform with artificial intelligence for mortgage credit applications.

Artificial Intelligence (AI)FinTechMachine LearningSoftware
Series UnknownSep 12, 2024
Amount Raised: $3,100,000
Unlock

New York, New York, United States

Unlock Technologies offers home equity agreements to help homeowners access built equity.

FinanceFinancial ServicesReal Estate
Series BSep 3, 2024
Amount Raised: $30,000,000
Propi

San Salvador, San Salvador, El Salvador

Digital brokerage platform facilitating the buying, selling, and renting of residential properties in underserved Latin American markets.

Property InsuranceProperty ManagementReal EstateSoftware
SeedMay 1, 2024
RealSage

Toronto, Ontario, Canada

B2B SaaS, Artificial Intelligence (AI)

Real EstateSaaS
SeedMar 25, 2024
Amount Raised: $4,048,401
Futurerent

Sydney, New South Wales, Australia

Futurerent is a developer of a real estate lending platform designed to reinvent their asset.

Financial ServicesFinTechReal Estate
Debt FinancingJan 11, 2024
Amount Raised: $33,495,743
Downpayments

Miami, Florida, United States

Downpayments provides transformational capital, buyers agency services and cutting edge technology.

Financial ServicesReal Estate
SeedJan 10, 2024
Amount Raised: $1,000,000
Offr

Dublin, Dublin, Ireland

Offr is a property technology solution that helps people buy, sell, lease or rent a property at the click of a button.

E-CommerceMarketingPropTechReal Estate
Series UnknownNov 27, 2023
Amount Raised: $2,301,615
Fyma

Tallinn, Harjumaa, Estonia

The world’s urban movement analytics platform: empirical data enabling better cities and commerce

AnalyticsArtificial Intelligence (AI)Computer VisionMachine LearningReal EstateRetailSaaSSoftware
SeedNov 10, 2023
Amount Raised: $2,100,000
Proxima HQ

Vancouver, British Columbia, Canada

Proxima HQ provides property developers different digital solutions that provide flexibility in their sales & marketing programs.

3D TechnologyReal EstateSoftware
SeedNov 1, 2023